ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
TODAY'S TEN: Sydney beach shooter was Indian!
By Pradeep Damodaran, Pragadish Kirubakaran and Meena R Prashant in Media News on Wednesday, 17th December 2025 at 4:00pm
Fellows on CSIRO redundancies
By Will McLennan in Media News on Wednesday, 17th December 2025 at 11:56amIT journo masthead Christmas shutdown times
By Will McLennan in Media News on Wednesday, 17th December 2025 at 11:49amTHE BRIEF: Fall out
By Tony Bosworth in Media News on Wednesday, 17th December 2025 at 5:47am
Compass Communications secured the PR mandate for Genovation Technological Solutions
By Staff Writer in Media News on Tuesday, 16th December 2025 at 10:41pm
All India media meet ends with call for new wage board
By Staff Writer in Media News on Tuesday, 16th December 2025 at 8:05pmSC grants interim bail to journalist Langa
By Staff Writer in Media News on Tuesday, 16th December 2025 at 8:02pm
Media news latest
Marcoms news latest